REN - Redes Energéticas Nacionais, SGPS Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Net Income	137.22	149.24	111.77	97.15	109.25	118.9	Upgrade
Depreciation & Amortization	254.51	253.2	249.28	241.94	241.17	235.63	Upgrade
Other Operating Activities	-72.47	-772.4	252.42	360.94	25.85	-10.36	Upgrade
Operating Cash Flow	319.26	-369.96	613.47	700.04	376.26	344.17	Upgrade
Operating Cash Flow Growth	-	-	-12.37%	86.05%	9.33%	-12.96%	Upgrade
Capital Expenditures	-10.37	-5.13	-6.27	-4.84	-13.99	-5.28	Upgrade
Sale (Purchase) of Intangibles	-285.44	-244.54	-201.57	-196.76	-156.63	-170.57	Upgrade
Investment in Securities	-5.6	-5.77	0.39	13.4	0.22	-162.06	Upgrade
Other Investing Activities	63.38	91.01	105.44	28.53	49.85	21.18	Upgrade
Investing Cash Flow	-238.03	-164.43	-102.01	-159.67	-120.54	-316.72	Upgrade
Long-Term Debt Issued	-	3,758	1,165	2,035	2,426	5,089	Upgrade
Long-Term Debt Repaid	-	-3,382	-1,525	-2,083	-2,474	-4,956	Upgrade
Net Debt Issued (Repaid)	87.05	375.48	-360.47	-48.38	-48.42	132.16	Upgrade
Common Dividends Paid	-102.15	-102.15	-144.6	-113.43	-113.43	-113.43	Upgrade
Other Financing Activities	-73.64	-61.78	-40.57	-39.75	-53.2	-59.71	Upgrade
Financing Cash Flow	-88.74	211.55	-545.64	-201.56	-215.04	-40.98	Upgrade
Foreign Exchange Rate Adjustments	-2.54	-2.31	0.72	-1.22	-0.03	-0.19	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	0.15	Upgrade
Net Cash Flow	-10.05	-325.15	-33.47	337.59	40.65	-13.58	Upgrade
Free Cash Flow	308.89	-375.09	607.2	695.2	362.28	338.89	Upgrade
Free Cash Flow Growth	-	-	-12.66%	91.90%	6.90%	-14.26%	Upgrade
Free Cash Flow Margin	31.85%	-39.51%	77.15%	86.33%	49.95%	45.02%	Upgrade
Free Cash Flow Per Share	0.47	-0.57	0.92	1.05	0.55	0.51	Upgrade
Cash Interest Paid	74.99	65.23	40.57	39.75	53.2	59.71	Upgrade
Cash Income Tax Paid	-	31.37	77.97	74.25	11.46	16.89	Upgrade
Levered Free Cash Flow	-241.82	-613.1	470.05	435.84	75.36	204.57	Upgrade
Unlevered Free Cash Flow	-191.21	-571.88	500.81	464.49	110.69	243.58	Upgrade
Change in Net Working Capital	286.46	722.39	-327.46	-302.26	86.28	-42.84	Upgrade

Source: S&P Capital IQ. Utility template. Financial Sources.